Report: Tom Brady's $375M Fox Contract Won't Be Affected by Raiders Investment

Future Hall of Fame quarterback Tom Brady is reportedly free and clear to invest in the Las Vegas Raiders despite his broadcasting contract with Fox.

According to ESPN's Seth Wickersham and Adam Schefter, Brady is in "deep discussions" to become a "limited partner" with the Raiders.

A source indicated to Wickersham and Schefter that such an arrangement would not impact Brady's 10-year, $375 million deal with Fox, and that the network has "blessed" Brady pursuing a stake in the Raiders.

The NFL's policy on team ownership reportedly states that it isn't a conflict of interest for a media personality to be a part-owner unless they hold a position of power in a media company and could have an impact on broadcast rights negotiations, which Brady doesn't.

Brady has reportedly been negotiating with Raiders owner Mark Davis for weeks, and while they could come to terms soon, sources told ESPN that the talks are still "extremely sensitive and fluid."

If Brady and Davis do come to an agreement, at least 24 NFL owners would have to approve Brady purchasing a stake in the team.

Any investment Brady makes in the Raiders would reportedly be "passive," meaning he wouldn't have any say in or control over football decisions.

Provided Brady finalizes a deal with the Raiders, it will be his second partnership with Davis in the world of pro sports, as he previously bought a stake in the Davis-owned Las Vegas Aces of the WNBA in March.

Brady signed his broadcasting contract with Fox while he was still playing with the understanding that he would join the network as its lead analyst after retiring.

Brady's initial retirement following the 2021 season only lasted about a month before he returned to play for the Tampa Bay Buccaneers.

After Brady and the Bucs were eliminated in the NFC Wild Card Round of the playoffs, he retired again, and seemingly for good this time.

Brady announced in February that he intends to take a year away from football in 2023 before beginning his Fox duties in 2024.

The 45-year-old Brady is arguably the greatest player in NFL history, having won seven Super Bowls, five Super Bowl MVP awards and three NFL MVP awards in 23 seasons with the New England Patriots and Bucs.

He figures to be an asset to both the Raiders and Fox because of his history of success within the NFL.

If Brady does indeed become a partial owner of the Raiders, he already has some ties to the organization, as head coach Josh McDaniels was his offensive coordinator for many years in New England.